The following advantages are offered by cryptocurrencies compared to other currencies:

• Security: Thanks to state-of-the-art technology and security standards, cryptocurrencies are generally considered very secure, especially since users usually do not have to provide sensitive data to purchase crypto tokens.

• Decentralization: Cryptocurrencies are usually not controlled by a central bank or government but have been developed by companies or start-ups. These often operate more socially and offer their technology, for example, also to other companies.

• Transparency: All transactions made using cryptocurrencies are stored in the so-called blockchain and are generally publicly visible there, ensuring maximum transparency.

• Low Fees: Transactions made using cryptocurrency are usually cheaper than those with traditional currencies because no banks or intermediaries are involved, and the fees are therefore significantly lower.